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Nov 9, 2012
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and one of the other key players is mitch mcconnell. what is the dynamic there do you think? >> i think the president, first time i'm talking about the mutual background on capitol hill, the president may be at a point where he has gotten obama care, which is clearly now not going to be repealed, he has created a bigger government in the direction he wants to go in. and he may want to consolidate and having lived through two solid years of not getting anything done, he may decide he doesn't want to spend four years. the odds are very high the republicans will keep the house in 2014. does he really want four years of gridlock or does he want to take a big step, which is a gamble, open the door, sit down and have genuine conversations? and frankly, as he appoints some new cabinet officers, find some republicans that could serve in the cabinet, in a serious way, that would join ray la hood. he has really been sort of isolated as the secretary of transportation. >> we've seen some comments from both sides and yes we want to try to come up with an agreement, we want to try to exte
and one of the other key players is mitch mcconnell. what is the dynamic there do you think? >> i think the president, first time i'm talking about the mutual background on capitol hill, the president may be at a point where he has gotten obama care, which is clearly now not going to be repealed, he has created a bigger government in the direction he wants to go in. and he may want to consolidate and having lived through two solid years of not getting anything done, he may decide he...
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Nov 8, 2012
11/12
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mcconnell less so. mcconnell has a political squeeze happening on him because he's up for re-election in 2014. two things he's worried about. one is a primary challenge. two, ben chandler, great grandson of happy chandler, long time kentucky democratic name lost. suddenly doesn't have a house seat anymore. he might be looking for something to run for in 2014. >> how about ashley judd? >> well, i've heard the ashley judd rumor. i've also heard her running for governor of tennessee, which democrats are trying to get her to run for. i think ashley judd wants to run for office. that's a serious piece of speculation that's been circulating in kentucky. but -- so mcconnell has to play bad cop here. how is the white house going to respond, push back on this? clearly boehner and mcconnell are trying to say, okay, we're going to start in the most -- the most conservative position we can find, even on this day where essentially our side lost and see how the white house reacts. >> a stunning morning, stunning morn
mcconnell less so. mcconnell has a political squeeze happening on him because he's up for re-election in 2014. two things he's worried about. one is a primary challenge. two, ben chandler, great grandson of happy chandler, long time kentucky democratic name lost. suddenly doesn't have a house seat anymore. he might be looking for something to run for in 2014. >> how about ashley judd? >> well, i've heard the ashley judd rumor. i've also heard her running for governor of tennessee,...
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Nov 14, 2012
11/12
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but mcconnell should be careful what he wishes for. right now he's worried about that tea party challenger on the right. well, ashley judd if she decides to run with her appearance and her youth against mitch mcconnell in a general election, i don't think that's such a slam dunk. >> that is a fascinating -- >> ashley judd card. >> if i were mitch mcconnell i'm not sure i would go that far to the right. looking at indiana, who thought mourdock was going to lose. >> especially if you start getting deals done. once the sort of initial -- once the first shoe has fallen i am of the mind they can't go back to digging their heels in. if boehner proves he can get this passed without the tea party holding him hostage it's a wrap. >> what dan was talking about earlier, seeing if the president has real sort of legislative interest and umf coming into the second term and play with congress and learn how do that well. the other thing what the administration has been talking about a lot sort of taking it to the american people, going into campaign m
but mcconnell should be careful what he wishes for. right now he's worried about that tea party challenger on the right. well, ashley judd if she decides to run with her appearance and her youth against mitch mcconnell in a general election, i don't think that's such a slam dunk. >> that is a fascinating -- >> ashley judd card. >> if i were mitch mcconnell i'm not sure i would go that far to the right. looking at indiana, who thought mourdock was going to lose. >>...
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Nov 14, 2012
11/12
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CSPAN
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did you speak to senator mcconnell? >> i did not speak to senator mcconnell. i did however speak to senator blunt, who's the second -- the second leader in the republican caucus, and we had a very good conversation. so, yes, did i not talk to senator mcconnell. did talk to senator blunt. also heard from senator corker. mike johanns who was a colleague of mine as governor, and a number of other republicans, but the sort of -- the conversation with the republican leadership was with senator blunt. >> why weren't you able to talk with senator mcconnell? >> sorry? >> why didn't you talk with senator mcconnell? >> he didn't contact me. >> governor, the negative advertising that republicans and republican affiliated groups have? >> i can honestly look at you in the eye and say zero. that's history. >> what did president obama's victory have on the -- >> the question was what influence, if any did president obama's victory have? i don't think it had a significant influence. my real focus was, as i mentioned, two issues -- independence and ability to be effective on b
did you speak to senator mcconnell? >> i did not speak to senator mcconnell. i did however speak to senator blunt, who's the second -- the second leader in the republican caucus, and we had a very good conversation. so, yes, did i not talk to senator mcconnell. did talk to senator blunt. also heard from senator corker. mike johanns who was a colleague of mine as governor, and a number of other republicans, but the sort of -- the conversation with the republican leadership was with senator...
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Nov 16, 2012
11/12
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MSNBC
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senator mcconnell hasn't won an election in a while. and nobody's asking him to step aside. and i said, do you want the whole leadership to step aside? but it's interesting because when something like that happens, remind them that president reagan was elected at 69 and left at 77 from the white house. sam rayburn was 79 years old when he ended being speaker. in the strength we had in the election, we won 25 seats. we didn't net 25 seats but we elected 25% of our caucus is new, younger, women and minorities, 50% of our caucus, women and minorities and lgbt community folks. so we thought it was a great night. the election of the president to protect health care and the rest. increase our numbers in the senate, increase our numbers in the house. so i didn't really know what the point was unless it -- was it about winning? was it about not winning enough seats or was it just about age? >> and a combination of age and gender. you're saying. that it's a different -- >> that was the point. right. it was -- and i -- you know, we all live with each other around here, no offense take
senator mcconnell hasn't won an election in a while. and nobody's asking him to step aside. and i said, do you want the whole leadership to step aside? but it's interesting because when something like that happens, remind them that president reagan was elected at 69 and left at 77 from the white house. sam rayburn was 79 years old when he ended being speaker. in the strength we had in the election, we won 25 seats. we didn't net 25 seats but we elected 25% of our caucus is new, younger, women...
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Nov 10, 2012
11/12
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i think boehner and mitch mcconnell will say no increase in tax rate, 35% is it. i think the president will concede on that point. i think bainer and mcconnell will then accept the idea of cutting culling or capping the deductions each individual and the higher brackets can take, set a top limit on the deductions they can take and that will increase the revenue flow into the federal government. at the same time, the two congressmen, republicans, preserve the rates argument. they won't make all of their folks happy, but i think that's the deal in the works. >> greta: a couple of problems. number 1 is, the fact that -- today at least, i am always stunned when -- with the exception of senator tom coburn, i barely hear anyone talking about the tremendous amount of waste and fraud. we put up the example of the guy in the bathtub with the wine glass, which is a tiny, tiny bit, but it's representative of the mind-set here. no waste and frawpd fraud. they won't raise the tax rates, but when you do put caps on deductions, you are raising the effective rate. i mean, i guess
i think boehner and mitch mcconnell will say no increase in tax rate, 35% is it. i think the president will concede on that point. i think bainer and mcconnell will then accept the idea of cutting culling or capping the deductions each individual and the higher brackets can take, set a top limit on the deductions they can take and that will increase the revenue flow into the federal government. at the same time, the two congressmen, republicans, preserve the rates argument. they won't make all...
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Nov 13, 2012
11/12
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go youtube mcconnell and beagle, awesome. [laughter] ever since then he's wanted to be majority leader. now he may never be because things don't, things don't automatically look all that much better for the republicans two years from now than they are now. and he also will be, face a primary, right, in two years. we should just warn people of that. >> well, he may or may not. i think ha that what he's -- that what he's within trying to do, back in 2010, of course, mcconnell -- there was a contested primary in kentucky. mcconnell backed trey grayson, but rapid paul won. >> right. >> so people were upset with him. but he has done a lot of work over the past two years to really hug rand paul so close to him, um, and he's let rand paul do just about whatever he wants to do on the senate floor. when rand paul says i want to cause a big stink about something, mitch mcconnell says go right ahead. i'm not going to try to stop you. [laughter] and he's really shored up. i mean, mitch mcconnell is such a talented politician really. he's
go youtube mcconnell and beagle, awesome. [laughter] ever since then he's wanted to be majority leader. now he may never be because things don't, things don't automatically look all that much better for the republicans two years from now than they are now. and he also will be, face a primary, right, in two years. we should just warn people of that. >> well, he may or may not. i think ha that what he's -- that what he's within trying to do, back in 2010, of course, mcconnell -- there was a...
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Nov 11, 2012
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mitch mcconnell released this statement. i know some people think tuesday's results mean washington is going to roll over and agree to democratic demands that we hike tax rates. i'm here to tell them there's no truth to that notion. this is the stand off we have. i'm going to let you reset the table and all of you weigh in after this break. ing. and a trip to the one place with the new ideas that help us pull it all together. from the things that hang and shine... ...to the things that sparkle and jingle. all while saving the things that go in our wallet. more saving. more doing. that's the power of the home depot. right now, get an assortment of martha stewart living ornamen,s free when you purchase select artificial trees. begins with back pain and a choice. take advil, and maybe have to take up to four in a day. or take aleve, which can relieve pain all day with just two pills. good eye. who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62%
mitch mcconnell released this statement. i know some people think tuesday's results mean washington is going to roll over and agree to democratic demands that we hike tax rates. i'm here to tell them there's no truth to that notion. this is the stand off we have. i'm going to let you reset the table and all of you weigh in after this break. ing. and a trip to the one place with the new ideas that help us pull it all together. from the things that hang and shine... ...to the things that sparkle...
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Nov 16, 2012
11/12
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KNTV
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on thursday republican mitch mcconnell called the president's proposal to bring in $1.6 trillion in tax revenue a joke. >>> a report due out today predicts the cash strapped federal housing administration will need bailout from the u.s. treasury for the first time in its 78-year history and happy birthday to baggy. she turns 35 today. you can stay on top of the latest developments and those stories and others as they break on msnbc and tonight be sure to watch "nbc news with brian williams." here's a look at what's coming up later today on the "today" show. lauren scruggs opens up to savannah about life after the propeller accident that almost killed her. keep it on this channel follow continuing local news, weather, sports and more. i'm lynn berry. thanks for watching "early today," your first stop of the day, today, on your nbc station. have a great weekend. >>> new this morning, air raid
on thursday republican mitch mcconnell called the president's proposal to bring in $1.6 trillion in tax revenue a joke. >>> a report due out today predicts the cash strapped federal housing administration will need bailout from the u.s. treasury for the first time in its 78-year history and happy birthday to baggy. she turns 35 today. you can stay on top of the latest developments and those stories and others as they break on msnbc and tonight be sure to watch "nbc news with brian...
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Nov 8, 2012
11/12
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in kentucky and mcconnell back j. grayson and rand paul won, so it caused a little problems and people were upset with him. but he has done a lot of work over the past two years to really hug rand paul so close to him, and he has let rand paul do just about whatever he wants to do on the senate floor. when rand paul says i want to go on the floor and cause a big stink about something, mitch mcconnell says, go right ahead. i am not going to try to stop you. and he is really sure of -- mitch mcconnell is such a talented's -- politician. he is so smart. and in my opinion i think he has done everything he could possibly do to prevent someone from having any -- even if somebody wanted to challenge him from the right, i think he has done about as he could possibly do to keep them at bay. >> of course, the other aspect of leadership transition in congress will be changes on the committees. you are a handy guide. -- should probably avert some of this to the question and answer period, and hopefully you will not feel limited t
in kentucky and mcconnell back j. grayson and rand paul won, so it caused a little problems and people were upset with him. but he has done a lot of work over the past two years to really hug rand paul so close to him, and he has let rand paul do just about whatever he wants to do on the senate floor. when rand paul says i want to go on the floor and cause a big stink about something, mitch mcconnell says, go right ahead. i am not going to try to stop you. and he is really sure of -- mitch...
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Nov 16, 2012
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>>. >> i think senator mcconnell needs to take another look at the report. i severed on that commission. a reduction of $4 trillion came from revenue. it was in the range of $1.6 trillion. >> you talk about 1.6 trillion. there's ways to get there in ways that don't necessarily raise tax rates. you could cap deductions at $35,000 and have the estate tax go back to where it was and get $1.3 million. i'm simply making the point there's a loft ways to get there that don't involve raising tax rates. is that a compromise you'd ever consider? >> you're right, but i think what the president's trying to say is is let's protect working families. those making less than $250,000 a year. no tax increase for them. those making over that amount should pay more in taxes and i think if they've been blessed with success in this great nation, it's not too high a price to ask. we believe this needs to be part of it. it isn't the only part, but an important part is that we have revenue from those who can afford to pay. we can do it either through the rates or deductions in the c
>>. >> i think senator mcconnell needs to take another look at the report. i severed on that commission. a reduction of $4 trillion came from revenue. it was in the range of $1.6 trillion. >> you talk about 1.6 trillion. there's ways to get there in ways that don't necessarily raise tax rates. you could cap deductions at $35,000 and have the estate tax go back to where it was and get $1.3 million. i'm simply making the point there's a loft ways to get there that don't involve...
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Nov 16, 2012
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neil: the speaker, mcconnell, harry reid, nancy pelosi. >> one congressional aide told me, it sounds like this early in the process, believe it not, talking about early in the process even though the fiscal cliff to six weeks away, probably get a lot of nodding to my throat clearing, declarations about what we have heard of the last week which is a reiteration of the same position. by the way, congress is not in next week. neil: by the way, is this a lunch? >> this is a bronze, i think. neil: food tasters. what does the market do? >> i am worried about irreparable damage. it is one thing to talk about a short-term gain, long -- short-term pain, long-term gain. at some point you have to look at the markets, you have to look at employment, the number of people in poverty and food stamps, and that could all be really bad in the months that followed. neil: all right. in the meantime, have a lovely evening. we will be following it. 4g lte is the fastest. so, which supeast 4g lte service would yochoose, based on this chart ? don't rush into it, i'm not looking for the fastest answer. obvio
neil: the speaker, mcconnell, harry reid, nancy pelosi. >> one congressional aide told me, it sounds like this early in the process, believe it not, talking about early in the process even though the fiscal cliff to six weeks away, probably get a lot of nodding to my throat clearing, declarations about what we have heard of the last week which is a reiteration of the same position. by the way, congress is not in next week. neil: by the way, is this a lunch? >> this is a bronze, i...
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Nov 13, 2012
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anybody who knows senator mcconnell and reid knows that. they're both very good at what they do, and outmaneuvering one another, which raises the question, with no personal relationship and they're so politically far apart and beholden to their interests in the party, why should we expect that compromise will happen? >> i think that the future of the party, republican party very much depends on getting away from this view held by some in the public that they're just obstructionists. the other thing is that there are just too many things that are really important. like the bond rating, for example. there's a lot of talk now that if they don't work something out, we're likely to use another aaa bond rating, which costs the american taxpayer even more money. just too many things that have to be worked out. i think the main message from the election is we want you people to get together and do it. >> and business leaders saying fix it. >> but it's also a bit like -- nothing focuses the concentration like the feeling of the hangman's noose. and
anybody who knows senator mcconnell and reid knows that. they're both very good at what they do, and outmaneuvering one another, which raises the question, with no personal relationship and they're so politically far apart and beholden to their interests in the party, why should we expect that compromise will happen? >> i think that the future of the party, republican party very much depends on getting away from this view held by some in the public that they're just obstructionists. the...
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mitch mcconnell the republican says no way. i say there will be a compromise before the end of the year. and you say? gerri: there could be a compromise that won't be -- you are wrong when you say as you did in the break republicans are going to blink. the president does not have a mandate. team needs the republicans to work with if. stuart: he won. gerri: he did not in by a huge majority. the president is going to have to bend. he is not running for reelection. we have him full time. stuart: what forces in to bend? gerri: he wants to get a deal. it makes him look good. makes other democrats will good if he gets a deal and i think he will go for that. i know there could be a change. you think it will be straight, the same thing he has been doing. i disagree. we will see a band. stuart: when you think the president will do what he has not done the last four years, change course. gerri: it is a different world. he has four more years -- [talking over each other] gerri: doesn't have to appeal to the hard left. stuart: we disagree.
mitch mcconnell the republican says no way. i say there will be a compromise before the end of the year. and you say? gerri: there could be a compromise that won't be -- you are wrong when you say as you did in the break republicans are going to blink. the president does not have a mandate. team needs the republicans to work with if. stuart: he won. gerri: he did not in by a huge majority. the president is going to have to bend. he is not running for reelection. we have him full time. stuart:...
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Nov 12, 2012
11/12
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john boehner, harry reid, mitch mcconnell, the same group last year. since that meeting, republicans have been discussing revenue increases. democrats want tax rate increases. republicans say there are other ways to get there like curbing tax deductions. >> this whole notion of capital gains and dividend taxes is really an explicit to pension funds and the ability of moms and pops that are out there to have income producing small capital investments. rich: the president's budget increases the top tax rate from 15 to 20%. meeting friday at the white house. back to you. lori: we know you will be there, rich. thank you. melissa: the president calling on congressional leaders to work together. congress has a voter mandate not to raise taxes. joining us now is steve moore from the "wall street journal." thank you for hopping on the phone to talk to us. i am really interested in the interview that you did. he said over the weekend "let me put it very clearly, i am not willing to turn off taxes for the sequester." >> one of the things that came through in my
john boehner, harry reid, mitch mcconnell, the same group last year. since that meeting, republicans have been discussing revenue increases. democrats want tax rate increases. republicans say there are other ways to get there like curbing tax deductions. >> this whole notion of capital gains and dividend taxes is really an explicit to pension funds and the ability of moms and pops that are out there to have income producing small capital investments. rich: the president's budget increases...
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Nov 13, 2012
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. >> mitch mcconnell spoke hours ago sounding not at all like he heard last week's election results. >> the time for the president to lead is now, and that means offering a concrete plan that takes into account the fact that half the congress opposes tax hikes. >> congressman, did the election happen? do i wake or sleep? what is this man talking about? >> well, he's kind of out of it. here is the dilemma he has that really he has got to think about whether he can maintain his leadership position. he could be the next richard mourdock. he's got a tea party group in his state going -- that's going to be after him in the next election. so what he's got to do to try to appease them is totally in conflict with what the leader of the republicans in the senate has to do for the good of the country. and it's an internal conflict and i don't see how he resolves it. >> what you're basically say something what we were discussing in the earlier segment, which is these individuals are out solely to protect themselves rather than the condition of the american economy? >> well, that's what i think
. >> mitch mcconnell spoke hours ago sounding not at all like he heard last week's election results. >> the time for the president to lead is now, and that means offering a concrete plan that takes into account the fact that half the congress opposes tax hikes. >> congressman, did the election happen? do i wake or sleep? what is this man talking about? >> well, he's kind of out of it. here is the dilemma he has that really he has got to think about whether he can...
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Nov 13, 2012
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senate republican leader mitch mcconnell lost ground in the election, but he posed for the cameras with the three new senators who will be joining his side of the aisle in january. in the house, minority leader nancy pelosi beamed as she presented the new faces adding to democratic ranks in the coming congress. gi given what awaits these new lawmakers in january, you might wonder why they want the job. it's still not clear whether a lame duck session of congress will navigate the expiring tax breaks and automatic spending cuts that make up the fiscal cliff. the president met privately with labor leaders to discuss options for the fiscal cliff. tomorrow, he will caucus with c.e.o.s from companies like wal-mart, g.e. and bank of america. it all leads up to friday when the president sits down with congressional leaders at the white house to begin the real negotiations, and both sides enter those talks claiming a mandate to protect the principals the voters endorsed at the ballot box. >> darren gersh is with us tonight from our washington, d.c. bureau, where a week after election day here.
senate republican leader mitch mcconnell lost ground in the election, but he posed for the cameras with the three new senators who will be joining his side of the aisle in january. in the house, minority leader nancy pelosi beamed as she presented the new faces adding to democratic ranks in the coming congress. gi given what awaits these new lawmakers in january, you might wonder why they want the job. it's still not clear whether a lame duck session of congress will navigate the expiring tax...
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Nov 14, 2012
11/12
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FBC
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mitch mcconnell was interviewed, a very good interview. he points out he has notad a meeting with the president in over a year and a half. the subject of a story in "the new york times" when the first 18 months of the present administration never had a one-onne meeting with him. i met with the house finance committee for five months a, they too had not had a meeting with the president. if you have none of that trust you can build up comic makes it so much more difficult. it is mysterious how this ma works s in terms of trying to gt anything. neil: i know what he's working on. i know he won the election, but people mistake a victory for a mandate today which is just about assembling a man cave. leaving thatside, people interpret too much from that and both sides have to juggle here. >> if he is consistent with his pattern, we will have a problem. neil: he is not giving up on the x hike on the rich. is their flexibility? would he be open to eliminating deductions are closin were closg loopholes and l that? wod that cover, or as chuck schumer
mitch mcconnell was interviewed, a very good interview. he points out he has notad a meeting with the president in over a year and a half. the subject of a story in "the new york times" when the first 18 months of the present administration never had a one-onne meeting with him. i met with the house finance committee for five months a, they too had not had a meeting with the president. if you have none of that trust you can build up comic makes it so much more difficult. it is...
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Nov 11, 2012
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CNN
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and finally, don't waste time worrying from kim mcconnell, wife of jonathan mcconnell who served in the iraq war. we'll have more in the next hour. it's become a nice and beautiful discussion people are having online and on ireport about what they have learned if they wouldn't have otherwise known so deeply from the people who made the sacrifice. >> so often people keep those thoughts to themselves or they are sharing that with just the immediate family or friends and this is a great forum in which they can share with so many people. >> a lot of people don't know about veterans. what do you don't know about our veterans. >> thank you so much. >>> voters have sent the same balance of power back to washington. does that mean more gridlock for the president? george mitchell is with us in the newsroom on how the sides can work together. tdd#: 1-800-345-2550 let's talk about your old 401(k). tdd#: 1-800-345-2550 you know, the one that's been lying around. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 rollover your old 401(k) to a schwab ira, and we'll help you tdd#: 1-800-345-2550 find new ways
and finally, don't waste time worrying from kim mcconnell, wife of jonathan mcconnell who served in the iraq war. we'll have more in the next hour. it's become a nice and beautiful discussion people are having online and on ireport about what they have learned if they wouldn't have otherwise known so deeply from the people who made the sacrifice. >> so often people keep those thoughts to themselves or they are sharing that with just the immediate family or friends and this is a great...
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Nov 9, 2012
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mcconnell's up for re-election. he's got to worry about a primary challenge, a general election challenge. i'm just saying, it is curious to me that mcconnell actually is not getting touched here. >> i agree with chuck. it's a bit of inside baseball, but cornyn getting promoted is an unbelievable thing given what happened. i'm a fan of john cornyn's, but his record in the senate race speaks for itself. and the fact that people are just saying yeah, let him move up, unbelievable. >> people inside the senate know that john cornyn did not want todd akin to win the primary. john cornyn did not want mourdock to win the primary. >> but some of his candidates did lose as well. david, you talk about the issues, health care and appealing, part of the comeback for americans has got to come from leadership. where can it come from? presidential candidates in waiting? senators? governors? who can lead the republican party now? >> i believe the republican party has a party of followership. the problem with republican leaders is t
mcconnell's up for re-election. he's got to worry about a primary challenge, a general election challenge. i'm just saying, it is curious to me that mcconnell actually is not getting touched here. >> i agree with chuck. it's a bit of inside baseball, but cornyn getting promoted is an unbelievable thing given what happened. i'm a fan of john cornyn's, but his record in the senate race speaks for itself. and the fact that people are just saying yeah, let him move up, unbelievable. >>...
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mcconnell obviously failed in making him a one-term president now he faces reelection two years from now in 2014 and he is afraid of palm... he will have more pressure to be more conservative now but at the same time he is the republican leader he has to produce something some of the t partiers are not going back like joe walsh in the house and others are really at a point where these people ask what are you doing down there? i think we're going to see some changes. to think things may change >> he was harking back to his lovely days of no rights states no blue states we knew that wasn't true when he said it bought it sounds good he is aspiring once again and he can be very inspiring. he needs people to watch his back i think. with the election over wall street today the dow jones industrial average 313 points we are left wondering how the president is going to negotiate the biggest issue facing the u.s. economy as clarence pointed out the fiscal cliff tax hikes automatically go into effect january, should politicians not agree on the nation's fiscal matters and get them under contro
mcconnell obviously failed in making him a one-term president now he faces reelection two years from now in 2014 and he is afraid of palm... he will have more pressure to be more conservative now but at the same time he is the republican leader he has to produce something some of the t partiers are not going back like joe walsh in the house and others are really at a point where these people ask what are you doing down there? i think we're going to see some changes. to think things may change...
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. >> spoke with the minority leader in the senate mitch mcconnell and he said we're willing to fix the tax rate, close the loopholes but i don't think they will bargain on raising the rates. i think they honestly believe and i agree that raising tax rates on capital gains will hurt the economy. but there's another side which is the spending side and there are some republicans who say look if the democrats and president obama won't negotiate well let's just do these automatic across the board spending cuts may be the only way we can get democrats to cut the budget. >> some out there in the financial markets they say look we need to cut four times more than the president is proposing under his $4 trillion plan. i'm curious your take why the president has been silent. i guess this is strategic. boehner gave an interview a press conference. he's giving a press conference tomorrow. earlier cnn was told the president won't say anything but tonight we heard he'll make a statement tomorrow. >> the election was two days ago. today is thursday. he'll make a statement tomorrow. markets are volati
. >> spoke with the minority leader in the senate mitch mcconnell and he said we're willing to fix the tax rate, close the loopholes but i don't think they will bargain on raising the rates. i think they honestly believe and i agree that raising tax rates on capital gains will hurt the economy. but there's another side which is the spending side and there are some republicans who say look if the democrats and president obama won't negotiate well let's just do these automatic across the...